.2Performant, a Romanian technology and also associate advertising answers firm, declared on Monday, September 9, at the Bucharest Stock Market, that it means to acquire the Profitshare affiliate networks in Romania and also Bulgaria coming from Sale Marketing. All at once, Dante International, the owner of eMAG, will definitely end up being a shareholder in 2Performant.On September 6, 2Performant’s Panel of Supervisors concluded an initial contract to obtain the Profitshare.ro as well as Profitshare.bg partner networks possessed through Transformation Advertising S.R.L. and also Conversion Advertising And Marketing EOOD.
The agreement describes the principles of the transaction and also is certainly not lawfully binding, according to the provider push presented by Economedia.The function includes the transfer of the Profitshare company lines from Sale Advertising and marketing S.R.L. and also Sale Advertising EOOD (as dealers) to 2Performant (as the buyer). Dante International S.A.
(a large number investor of Transformation Marketing S.R.L.) will be part of business transmission contract as an underwriter.” As soon as the Profitshare transaction is accomplished, our team will definitely grow our current capacity and diversify our client portfolio in both Romania and also Bulgaria. Our team still possess a handful of significant measures to finish, but I am actually self-assured that the staffs associated with the transaction on both edges will definitely take care of to accomplish them efficiently. We will definitely introduce our post-acquisition plans after finalizing the purchase depending on to the ultimate contract,” said Dorin Boerescu, CEO as well as Co-Founder of 2Performant Network.The transaction cost is RON 4.3 thousand, as well as will be paid out 55% in cash money and 45% in 2Performant portions by means of a capital boost..” 2Performant is a young and powerful firm with values that reverberate with our team.
We assume that, after the deal is actually completed, the Profitshare company blended with 2Performant will supply higher value to its clients,” pointed out Tudor Manea, General Supervisor of Dante International SA.2Performant likewise keeps in mind that several measures continue to be to complete and also complete the deal, like the prosperous finalization of the due carefulness review through 2Performant.Profitshare was launched in 2012 and currently possesses a profile of 250 affiliate courses (including the eMAG team) in Romania as well as Bulgaria.radu@romania-insider.com.( Photograph resource: the provider).